A fiddle worth more than gold: Investing in strings

As an investment, rare violins such as those made by Antonio Stradivari and Giuseppe Guarneri del Gesu have consistently and dramatically outperformed both gold and the Dow Jones Industrial Average. Between 1960 and 2008 the price of Stradivarii increased 26,083 percent. Gold, in comparison, increased by 2,529 percent and the DJIA by only 1,425 percent.

Even the financial crisis of 2008 did not affect the high-end violin market, with Stradivari and Guarneri violin prices continuing to rise during the turmoil.

One reason rare violins go up in price is that, unlike gold that is continuously mined, rare instruments are irreplaceable. Stradivari made 1,100 string instruments during his lifetime, Only 512 of his violins, along with 13 violas and 67 cellos, are known to exist today.  Continue reading this article at The Japan Times.




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